Economy & Markets
The important economic and stock market news that advisors need to know.
Low Mutual Fund Fees Predict Higher Returns: Morningstar
By Bernice NapachThe expense ratio of funds is "the most proven predictor of future fund returns," according to Morningstar's Russel Kinnel.
May 06, 2016
The job market's missing middleMany people are unhappy about the U.S. economy, which generated more than 12 million jobs over the past five years. It might be because those jobs dont pay very well.
May 06, 2016
The Golden Age of Investing Is Over: McKinseyInvestors must reset expectations, the consultants argue, predicting returns will drop by 150 to 400 bps over the next few decades.
May 06, 2016
Treasury Launches 3-Pronged Attack Against Money Laundering, Tax EvasionEfforts target key points of access to the international financial system," Treasury says.
May 06, 2016
Gundlach: Trump Will Be President, Debt Will SoarThe fund manager has been predicting a Trump election victory since February.
May 04, 2016
Advisors slow to adapt to the evolution of income options in DC plansAdvisors remain reluctant to recommend income annuity options to their clients. Why?
May 04, 2016
Has Bill Gross Turned Socialist?Bond fund manager Bill Gross favors a universal basic income program that would guarantee income to workers replaced by robots.
May 04, 2016
The Poverty of the Wealth EffectMany of the Fed's recent monetary policy decisions were driven by a belief in the so-called wealth effect that is very likely wrong.